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Identification/Background checks

Passage arises from stealth with $4m and beta product launch

Cybersecurity company Passage has secured $4m from a funding raise after emerging from a period of stealth.

CyberTech firm PlexTrac scores $70m Series B

Cybersecurity firm PlexTrac has secured $70m from a Series B funding round headed by Insight Partners.

Why dynamic risk assessments are a must for AML/KYC

As pressures continue to rise for financial institutions to meet mounting anti-fraud regulatory requirements, dynamic risk assessments will become more vital.

FCC revokes Chinese telecom provider licence due to security risks

The Federal Communications Commission (FCC) has revoked China Unicom Americas’ licence due to ‘serious national security concerns’.

Myanmar to seek ban on digital currencies, VPNs in new cyber law

The military junta leading Myanmar has drafted a cybersecurity law that would ban the use of VPNs and digital currencies.

Why ironclad security is vital for any financial super app

In an age where the proliferation of financial mobile applications in increasing on a huge scale, the rise of financial ‘super apps’ may seem the logical conclusion of such a rise.

Global digital identity revenue to exceed $53bn by 2026

Revenue for digital identity marketplace vendors is expected to exceed $53bn by 2026, doubling from the $26bn value in 2021, research from Juniper Research claims.

HackerOne snares $49m in Series E financing raise

Hacker-directed bug bounty platform HackerOne secured $49m from a Series E funding round headed by GP Bullhound.

Cybersecurity firm Portnox snaps up $22m Series A

Endpoint security solution provider Portnox has bagged $22m from a Series A round of growth financing.

US unveils federal zero trust strategy to solidify cybersecurity standards

The White House has released its federal zero trust strategy, which will require agencies to meet certain cybersecurity standards and objectives by the end of fiscal 2024.
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